4-8 Church Street
$9,950,000
29,620 / 0.68
Description
Pleased to present an exceptional opportunity for investors, builders, and developers: the chance to acquire a substantial portfolio on Natick’s Church Street. This portfolio is situated on a 0.68- acre lot, featuring five (5) parcels, seven (7) independent buildings with twenty-eight (28) condo units on Church St. In 2023, the portfolio generated a total income of about $300,000, underscoring its robust income potential. This rare real estate offering includes in-place income and future rental growth...Pleased to present an exceptional opportunity for investors, builders, and developers: the chance to acquire a substantial portfolio on Natick’s Church Street. This portfolio is situated on a 0.68- acre lot, featuring five (5) parcels, seven (7) independent buildings with twenty-eight (28) condo units on Church St. In 2023, the portfolio generated a total income of about $300,000, underscoring its robust income potential. This rare real estate offering includes in-place income and future rental growth by renewing and leasing all units at full market rates. This property benefits from DM (downtown mix-use) zoning with lot coverage of 60% under current zoning bylaw, allowing for future development of approximately 60+ units, upon zoning approval, across commercial, residential, or mixed-use buildings. This presents a versatile investment opportunity with promising potential returns. Adjacent to Natick Town Hall and Natick Common, this property enjoys a prime central location.
- Listed by Dream Team • Dreamega International Realty LLC
- Listed by Yifei Wang • Dreamega International Realty LLC
- Listed by Shuocen Yuan • Dreamega International Realty LLC
Property Details for 4-8 Church Street
Town
Natick
AreaMA-Natick
LISTING UPDATED: 11/01/2024 06:05 PM
Property Details for 4-8 Church Street
Status | Active |
---|---|
MLS # | 73294045 |
Days on Market | 58 |
Taxes | - |
HOA Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
County | Middlesex County |
Building Information for 4-8 Church Street
Lot Size0.68 AC
Property Information for 4-8 Church Street
Property History for 4-8 Church Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 4-8 Church Street
This home is within Natick School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Private - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Johnson Elementary School Public1 to 4 | ||
J F Kennedy Middle School Public5 to 8 | ||
Natick High School Public9 to 12 | ||
Walnut Hill School for the Arts Private9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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